Precious metals news

Silver has always proved its value throughout history. From ancient coins to jewelry, silver retains its value and goes through tough times.

It’s easier to understand gold’s record-breaking move up if you look at it from the other side of the equation. The dollar is now at its all-time low compared to gold. In simple terms, the dollar is losing value and dollar debasement is driving up the price of gold.
This isn't a narrative you don't typically hear on the mainstream financial networks, but there seems to be a growing awareness that the dollar and the system based on it might be in trouble - even in the mainstream investment world. We've seen Warren Buffet make a bet on gold, and Goldman Sachs recently warned that the dollar could be in danger of losing its reserve status. Now, Wells Fargo has weighed in, warning in a report that the bull run in gold signals "a growing lack of trust in the world's monetary system."

Here’s a once in a lifetime opportunity to front run central banks and acquire your own gold at attractive prices before the curtain drops on paper money.

Negative real interest rates are the cause of everything that is wrong with the world, says Jared Dillian.

The dollar has strengthened for much of the past decade, something that has been blamed for the U.S.’ ballooning deficit.

Bleakley Advisory Group's Peter Boockvar believes a new inflation cycle is starting.

To fight the economic downturn caused by the coronavirus pandemic, some have suggested the Federal Reserve turn to a tool it hasn’t used since World War II: yield curve control...

When a gauge of U.S. inflation expectations took just five months to triple from its pandemic-driven March low, bond veteran Susan Buckley took note.

New home sales blew away expectations in July, coming in at the highest level since 2006. A lot of people take this as a sign of a strengthening economy. Peter Schiff begs to differ. In his podcast, he argued that surging homes sales are actually a sign of a weak economy.
Single-family new home sales rose 14% between June and July to an annual rate of 901,000, according to Commerce Department data. Sales were up 36% on a yearly basis.

The Fed looks likely to keep short-term interest rates near zero for five years or possibly more after it adopts a new strategy for carrying out monetary policy. The new approach, which could be unveiled as soon as next month...

As robotics and artificial intelligence kick in and fewer jobs become available, while our governments sleep at the wheel, the future looks increasingly bleak.

Comparisons Gone Haywire.

As the pandemic accelerated the demise of some brick-and-mortar retailers, a group of investors profited handsomely from their travails.

More than $54.3 billion in U.S. commercial mortgage backed securities have been transfered to loan workout specialists mostly because of payment delinquencies, a 320% increase since the start of the Covid-19 pandemic, according to Moody’s Investors Service.

The extra $300 in weekly unemployment benefits provided under the president’s memorandum adds a new question to the application, making it harder for jobless Americans to qualify.

It’s the paradox of a pandemic that has crushed the U.S. economy: 12.9 million people have lost a job and a dangerous rash of businesses has closed, yet the...

Even though the Fed has taken unprecedented actions to make money cheap to borrow. Chart via @soberlook

She also expressed skepticism about allowing inflation to “run hot” as some central bank officials prefer.

First the bad news: yes, it does increasingly appear that it's possible to get re-infected by a different strain of covid-19. Now the good news: not only is it exceptionally rare at this point, but the few reported re-infected patients have not been hit hard the second time around.

The coronavirus has infected more than 23.9 million people across the world as of Wednesday, killing at least 819,945 people.